Susquehanna Issues Positive Forecast for SolarEdge Technologies (NASDAQ:SEDG) Stock Price

SolarEdge Technologies (NASDAQ:SEDG) had its price target upped by research analysts at Susquehanna from $43.00 to $56.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the semiconductor company’s stock. Susquehanna’s price objective indicates a potential upside of 2.26% from the company’s previous close.

Several other research firms also recently issued reports on SEDG. Weiss Ratings raised SolarEdge Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 24th. Wells Fargo & Company started coverage on SolarEdge Technologies in a research note on Monday, June 29th. They issued an “equal weight” rating and a $36.00 target price for the company. Barclays boosted their target price on SolarEdge Technologies from $41.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Friday. Glj Research reaffirmed a “sell” rating on shares of SolarEdge Technologies in a research note on Thursday, June 11th. Finally, The Goldman Sachs Group reiterated a “sell” rating and issued a $31.00 price target (down from $36.00) on shares of SolarEdge Technologies in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating, fourteen have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $36.94.

SolarEdge Technologies Trading Up 4.5%

SEDG opened at $54.76 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.36 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $3.33 billion, a PE ratio of -8.93 and a beta of 1.45. SolarEdge Technologies has a 1-year low of $23.01 and a 1-year high of $81.25. The firm has a 50-day moving average price of $56.72 and a two-hundred day moving average price of $44.67.

SolarEdge Technologies (NASDAQ:SEDG) last announced its earnings results on Wednesday, May 6th. The semiconductor company reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.20). SolarEdge Technologies had a negative return on equity of 38.66% and a negative net margin of 28.56%.The company had revenue of $309.90 million for the quarter, compared to analyst estimates of $305.49 million. During the same quarter in the previous year, the company posted ($1.14) earnings per share. SolarEdge Technologies’s revenue for the quarter was up 41.5% on a year-over-year basis. As a group, equities analysts anticipate that SolarEdge Technologies will post -1.12 earnings per share for the current fiscal year.

Insider Activity

In other news, Chairman More Avery sold 2,566 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $38.76, for a total value of $99,458.16. Following the transaction, the chairman directly owned 295,379 shares in the company, valued at $11,448,890.04. This trade represents a 0.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.04% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On SolarEdge Technologies

Hedge funds have recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund boosted its holdings in SolarEdge Technologies by 2.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,677 shares of the semiconductor company’s stock worth $395,000 after buying an additional 300 shares during the last quarter. State of Wyoming increased its stake in shares of SolarEdge Technologies by 32.9% in the 1st quarter. State of Wyoming now owns 1,237 shares of the semiconductor company’s stock valued at $63,000 after acquiring an additional 306 shares during the last quarter. Rakuten Securities Inc. raised its position in shares of SolarEdge Technologies by 82.1% in the 4th quarter. Rakuten Securities Inc. now owns 958 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 432 shares during the period. Tidal Investments LLC raised its position in shares of SolarEdge Technologies by 1.2% in the 2nd quarter. Tidal Investments LLC now owns 42,411 shares of the semiconductor company’s stock valued at $865,000 after acquiring an additional 484 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in SolarEdge Technologies by 28.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 553 shares during the last quarter. Institutional investors and hedge funds own 95.10% of the company’s stock.

SolarEdge Technologies Company Profile

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.